Michael P. Bauman and Eleanor T. Bauman
Michael P. Bauman and Eleanor T. Bauman, based in San Rafael, CA, operate in the landscaping services industry (NAICS 561730). The company financed real estate or equipment through an SBA 504 loan of $1,190,000, approved on January 14, 2025, with Five Star Bank as the lending bank and The Mortgage Capital Development Corporation as the certified development company.
SBA 504 loan, approved Jan 14, 2025
$1,190,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,190,000
- Bank portion
- $1,450,000
- Estimated project size
- $2,933,333 (estimated)
- Estimated owner equity
- $293,333 (estimated, about 10% of the project)
- Bank lender
- Five Star Bank, Rancho Cordova, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 14, 2050 (estimated, approval date plus term)
- First disbursement
- Apr 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Individual
- NAICS
- 561730, Landscaping Services
- Project location
- Marin County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 43% of expansion loans in Landscaping Services on this site.
- Average expansion loan in Landscaping Services: $1,532,130.
- Average expansion loan in California: $2,161,468.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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